New Delhi, June 20 -- As global tech companies spend trillions of dollars to take the lead in the artificial intelligence (AI) race and invest what is considered to be one of the biggest technology investments in history, Aswath Damodaran, the NYU Stern professor, is predicting that a future AI correction could come and could pose risks far greater than those witnessed during the dot-com crash.

Damodaran, who is also widely known as the "Dean of Valuation", recently explained the difference between the dot-com boom and bust and the AI boom. The Dean of Valuation believes the biggest difference between the internet boom of the 1990s and today's artificial intelligence surge is not just the size of the investments being made but also how t...